Replying to Avatar btcschellingpt

Last day Australia πŸ‡¦πŸ‡Ί doesn't have a spot bitcoin ETF

Monochrome launching tomorrow, Tuesday 4th June

Notable difference over some of the foreign ETFs is that redemptions can be made "in specie" (to use the tardfi term) .. that is, you can withdraw bitcoin from the ETF

This is a significant differentiator, and one that enables noob ETF buyers, after they go down the Bitcoin learning rabbit hole, to then hold their own keys when they're ready 🀝

An EFT that actually allows you to withdraw your bitcoin πŸ”₯

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Brisket 1y ago

It will probably have as much impact on price as the Hong Kong ETF.

Good for HNW Australians though.

I wonder how many will actually withdraw to their own wallet?

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btcschellingpt 1y ago

Guess we’re about to find out

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Brisket 1y ago

I'm prepared to fuck around πŸ˜‰

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btcschellingpt 1y ago

This is the way 🀝🧑

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